2015 MKD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 MKD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 140.7577. Conversely, the yearly low was recorded on March 15, dropping to 122.0215.
This high-to-low spread represents a total annual volatility of 18.7362 GNF. From a start-to-finish perspective, comparing the January average rate of 134.3567 to the December average rate of 136.8079, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 140.7577 was down 12.32% compared to the 2014 peak of 160.5313, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
MKD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 131.5996, compared to 133.6734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0738 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was November, with a trading range of 10.9923 GNF (High: 140.7577 / Low: 129.7654). On the other end, February was the most stable month, with a tight range of 4.2643 GNF (High: 134.9876 / Low: 130.7233).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.7304 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2015: 135.0685) against the same month in 2014 (average: 142.4285), the exchange rate shifted by -7.3600 (-5.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 139.2937 | 131.4840 | 134.3567 |
| February | 134.9876 | 130.7233 | 133.0242 |
| March | 131.3726 | 122.0215 | 127.2938 |
| April | 132.8283 | 125.6213 | 127.8736 |
| May | 137.3947 | 129.4117 | 133.0321 |
| June | 138.3897 | 131.6062 | 134.0174 |
| July | 136.6808 | 126.9448 | 131.0161 |
| August | 136.0097 | 128.6432 | 131.9206 |
| September | 136.3069 | 130.6843 | 133.2061 |
| October | 138.6758 | 129.0136 | 134.0214 |
| November | 140.7577 | 129.7654 | 135.0685 |
| December | 138.4347 | 132.0279 | 136.8079 |